Investors Cautious as Dow Gains Modestly Ahead of Crucial US Inflation Report | Daily Market Analysis
Key events: USA - Core CPI (MoM) (Feb) USA - USD CPI (YoY) (Feb) USA - CPI (MoM) (Feb) USA - 10-Year Note Auction On Monday, the Dow Jones Industrial Average experienced a modest gain as investors anticipated forthcoming inflation data, a crucial factor influencing the Federal Reserve's stance on interest rates. The Dow rose by 46 points or 0.1%, while the S&P 500 declined by 0.1%, and the NASDAQ Composite slipped by 0.4%.
US Stocks Edge Modestly Higher, Dollar Set to Conclude 2023 with Losses | Daily Market Analysis
Key events: USA - Chicago PMI (Dec) US stocks experienced modest gains on Thursday, as traders consolidated positions amid the final days of a robust year on Wall Street. The Dow Jones Industrial Average showed a marginal increase of 55 points, equivalent to 0.1%, while the S&P 500 traded 7 points higher, reflecting a 0.2% uptick and the NASDAQ Composite climbed by 30 points, marking a 0.2% rise.